Global Artificial Intelligence Operations Platform Market, By Component (Implementation, Consulting, and Managed Services), Organization Size (Small and Mid-Size Companies and Large Enterprises), Deployment Mode (On Premises and Cloud), Application (Real-Time Analytics, Application Performance Management, Infrastructure Management, Network and Security Management), End User (Healthcare and Life Sciences, Retail and Consumer Goods, IT and Telecom and Government), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Artificial Intelligence Operations Platform Market
Data Bridge Market Research analyses that the artificial intelligence ops platform market will exhibit a CAGR of 31.00% for the forecast period of 2022-2029. Data Bridge Market Research report on artificial intelligence operations platform market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The artificial intelligence for IT operations (AIOps) platform is thought to have evolved from IT operations analytics (ITOA) and refers to solutions that use artificial intelligence and machine learning capabilities to automate tasks and processes without the need for human intervention. platforms collect, interpret, and analyse large volumes of IT data in real-time by applying various types of algorithms to the data. The artificial intelligence for IT operations deals with real-time data and enables an organisation to detect and automatically address problems using various algorithms. It enables businesses to gain insights into their business and IT operations.
The factors driving the artificial intelligence ops platform market are increasing connectivity in IT operations, growing demand for image recognition systems, and increased data growth, which increased demand for analytics solutions. Increasing government initiatives to boost artificial intelligence in IT solutions, as well as system distortion caused by virus attacks, are the factors restraining the market.
Growing acquisitions of advanced technologies by major market players represent an opportunity. Furthermore, as devices gain intelligence, systems become more complex with increasing data volume, increasing the adoption of artificial intelligence for IT operations (AIOps). The growing global adoption of cloud computing is also fuelling the automation of these processes. As a result, as more businesses transition to the cloud, the demand for artificial intelligence for IT operations (AIOps) platforms is expected to rise.
However, factors such as the increasing complexities and dynamic nature of IT architecture, as well as the increasing number of changes in IT operations, are limiting market growth. The AI ops platform market faces challenges due to a lack of skilled professionals as well as rapid changes in IT operations.
This artificial intelligence operations platform market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on artificial intelligence operations platform market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Artificial Intelligence Operations Platform Market Scope and Market Size
Artificial intelligence operations platform market is segmented on the basis of component, organization size, deployment mode, application and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on component, the artificial intelligence operations platform market is segmented into implementation, consulting, and managed services
- Based on organization size, the artificial intelligence operations platform market is segmented into small and mid-size companies and large enterprises.
- Based on deployment mode, the artificial intelligence operations platform market is segmented on premises and cloud.
- Based on application, the artificial intelligence operations platform market is segmented into real-time analytics, application performance management, infrastructure management, network and security management.
- Based on end user, the artificial intelligence operations platform market is segmented into healthcare and life sciences, retail and consumer goods, IT and telecom, government.
Artificial intelligence Operations platform Market Country Level Analysis
The artificial intelligence operations platform market is analysed and market size, volume information is provided by country, component, organization size, deployment mode, application and end-user as referenced above.
The countries covered in the artificial intelligence operations platform market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North-America dominates the artificial intelligence operations platform market and will continue to flourish its trend of dominance during the forecast period due to the numerous platform vendors are present in the region. The platforms for various verticals are being developed by a number of organisations, including tech start-ups and industry behemoths. High R&D investments and ongoing digital transformation in developed economies are also important factors driving the region's adoption of platforms. Asia-Pacific will however, register the highest growth for this period due to the rapid adoption of automation across various industries. Furthermore, the rapid generation of large amounts of data has paved the way for AI-based solutions and services like data analytics.
The country section of the artificial intelligence operations platform market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Artificial intelligence ops platform Market Share Analysis
The artificial intelligence operations platform market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points are only related to the companies’ focus on the artificial intelligence operations platform market.
Some of the major players covered in the artificial intelligence operations platform market are Micro Focus, Broadcom., BMC Software, Inc., Moogsoft, Citrix Systems, Inc., New Relic, Inc., AppDynamics., Dynatrace LLC, SolarWinds Worldwide, LLC, Sumo Logic, DeepMind Technologies Limited, iCarbonX, Next IT, Salesforce, ViSenze, AIBrain, ANKI., LogRhythm, Inc., TABLEAU SOFTWARE, Datadog, Cloudera and Palo Alto Networks, Inc. among others.